picer Inc. showed the following alphabetized list of adjusted account balances at December $31,2023$: Accounts Payable$$26,460$ Accounts Receivable $39,900$ Accumulated depreciation, Equipment $10,990$ Accumulated depreciation, Warehouse $21,980$ Cash $9,100$ Cash Dividends $20,300$ Common Shares $119,000$ Equipment $79,100$ Income Tax Expense $41,300$ Land $124,600$ Notes Payable, due in $202634,300$ Operating Expenses $109,900$ Preferred Shares $39,900$ Retained Earnings $28,420$ Revenue $278,950$ Warehouse $135,800$ The company uses an income summary account in the closing process.Required:$1.$ Assuming normal balances, prepare the closing entries at December $31,2023,$ the companys year$-$end$\mathrm{.}2.$ Calculate the post$-$closing balance in Retained Earnings at December $31,2023.($Amounts to be deducted should be indicated by a minus sign.$)$